Polaris Foundation Inc

Organization Overview

Polaris Foundation Inc is located in Great Falls, VA. The organization was established in 2009. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polaris Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Polaris Foundation Inc generated $457.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $481.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAWAKIH PROGRAM - CONDUCTED RESIDENTIAL AND ONLINE SEMINARS AND EDUCATIONAL WORKSHOPS ON CLASSICAL ARABIC GRAMMAR AND MORPHOLOGY THROUGHOUT THE COUNTRY


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Board, Officers & Key Employees

Name (title)Compensation
Hamed Omar
Director Secretary
$0
Shahina Omar
Director President
$0
Saad Omar
Director Treasurer
$3,500
Saif Omar
CEO And COO
$120,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $453,977
Interest on Savings $0
Dividends & Interest $1,369
Net Rental Income$0
Net Gain on Sale of Assets $2,501
Capital Gain Net Income $2,501
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $457,847

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